Analyst Coverage

List of analysts of securities companies and research companies who make recommendations and reports of Fujifilm's performance, etc.

As of Oct. 19, 2016

In alphabetical order of company names
Firm Analyst

Citigroup Global Markets Japan Inc.

Masahiro Shibano

CLSA Securities Japan Co., Ltd.

Claudio Aritomi

Credit Suisse Securities (Japan) Limited

Mika Nishimura

Daiwa Securities Co., Ltd.

Toru Sugiura

Deutsche Securities Inc.

Yu Yoshida

Goldman Sachs Japan Co., Ltd.

Takafumi Hara

Iwai Cosmo Securities, Co., Ltd.

Kazuyoshi Saito

Jefferies Japan Limited

Masahiro Nakanomyo

JP Morgan Securities Japan Co., Ltd.

Hisashi Moriyama

Merrill Lynch Japan Securities Co., Ltd.

Hiroyasu Eguchi

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Tomoki Komiya

Morgan Stanley MUFG Securities Co., Ltd.

Masahiro Ono

Nomura Securities Co., Ltd.

Tetsuya Wadaki

Okasan Securities Co., Ltd.

Takashi Shimamoto

SMBC Nikko Securities Inc.

Ryosuke Katsura

The above list is provided only for the purposes of informing investors of the names of analysts and related brokerage firms that provide analyses and forecasts of Fujifilm's business performance.

Analysts are independent of Fujifilm. Analysts exercise their own judgment in their analysis of Fujifilm's finances, performance results, business activities and technologies, the operating environment, and economic trends, and independently forecast Fujifilm's results. Neither Fujifilm nor its management is involved in these processes in any way.

This list may not be complete and is subject to change as companies add or delete coverage of Fujifilm. This list is not intended to induce or recommend the purchase or sale of Fujifilm's shares. Furthermore, it is possible that not all of the information provided by these analysts is current and there may be inconsistencies.

Fujifilm does not distribute copies of analysts' reports, and any reliance by investors on these reports is at their own risk.